It was the negative week for the Acuity Brands Inc (AYI). During the week, the AYI dropped -2.90 points, or -1.93%, and closed at 147.05 on Friday, February 09, 2018. Weekly volume was 10% above average. AYI is a member of Services Sector. Services is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry. Long-term trend: [See AYI long-term trend chart]A long-term downtrend had started on August 23, 2016 at 280.89 and reached 141.77 on February 9, 2018. AYI lost 139.12 points, or 49.53%, in 76 weeks. The chart has formed a Falling Wedge chart pattern. The price is near the trend support (148.07) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line in a long-term trend. Medium-term trend: [See AYI medium-term trend chart]A medium-term downtrend had started on January 8, 2018 at 186.99 and reached 141.77 on February 9, 2018. AYI lost 45.22 points, or 24.18%, in 4 weeks. The price is now at the 11.68% retracement level. Weekly Technical Indicators: [See AYI weekly technical indicators chart]Weekly Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Williams' Percentage Range. Weekly Lane's Stochastic has bullish divergence. Use the following links to access the Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with weekly Lane's Stochastic bullish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help. During the last week, weekly MACD line has moved below its signal line. Such crossover is considered a bearish signal. Use the following link to access a MACD help. Short-term trend: [See AYI short-term trend chart]A short-term downtrend had started on January 24, 2018 at 170.32 and reached 141.77 on February 9, 2018. AYI lost 28.55 points, or 16.76%, in 16 days. The price is now at the 18.49% retracement level. Daily Technical Indicators: [See AYI daily technical indicators chart]Daily Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range and Lane's Stochastic. During the last week, daily Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). Such crossover is considered a bullish signal. Daily MACD has bullish divergence. Use the following links to access the MACD help, or use the Technical Stock Screener to see the list of stocks with daily MACD bullish divergence. The daily MACD line is below its signal line since January 26, 2018. This is an indication that the short-term trend is down.